All Paying for College Articles

How To Overcome Financial Aid “Gapping”

The Golden Gate Bridge at sunrise. financial aid
To make the cost of college more affordable, many schools offer financial aid packages to accepted students. These packages are customized for each student based on the information submitted through the FAFSA. Schools usually try and cover 100% of the student’s financial need through a mix of grants, scholarships, work study and loans. However, many …

What is the Difference Between an Offer Letter and an Acceptance Letter?

student shaking hands with college official financial aid
‘Offer letter’ and ‘acceptance letter’ are two terms you will come across frequently while researching the college admission process. Many people use these terms interchangeably, which is not correct. An offer letter is not the same as an acceptance letter. Here are the vital distinctions between the two. What is an Acceptance Letter? An acceptance …

FAQs About College Offer Letters

Student thinking about offer letters financial aid
When you’re accepted into a college, they will put together a customized financial aid package for you. This is known as a college offer letter. Some colleges may call it a merit letter or financial aid award letter. Regardless of the exact name they use, all acceptance letters serve the same purpose. What’s included in an …

3 Critical Financial Aid Tips For High School Seniors

High school student thinking about financial aid financial aid
Financial aid may be the last thing on your mind when you’re in high school. You’re already juggling a lot. But the sooner you understand how financial aid works, the better. Here are 3 critical financial aid tips for high school seniors. Why it’s So Important to Start Exploring Financial Aid in High School College …

When and How to Update Your FAFSA Information

Student updating their FAFSA online financial aid
The FAFSA is the form college students fill to get financial aid from the federal government. All personal and financial information that you fill in your form must be accurate at the time of submitting of your FAFSA. The federal government uses this information to calculate your EFC or Expected Family Contribution (EFC). Your EFC is …

7 Steps To Appealing An Award Letter For More Aid

Student thinking about appealing his award letter financial aid
When a college accepts your application, they will send you an award letter (also known as an offer letter). This will detail the amount of money a school is willing to give you in financial aid. If you think you didn’t get enough financial aid, you can appeal for more. Just to be clear, you …

College Award Letter Mistakes To Avoid

college award letters financial aid
An award letter contains detailed information about how much financial assistance that college is offering you. It includes all grants, scholarships, student loans, and work-study programs that you’re being offered. Along with the breakdown of the different types of financial aid, the award letter also contains the respective award amounts. Reviewing award letters can be …

How To Write Applications For Scholarships

Pencil used to write scholarship applications scholarship search & applications
There are thousands of scholarships available every year, each of which awards students for different attributes. Some may award students for accomplishments in sports, others may award for academic excellence. Still others award students for belonging to a certain demographic or demonstrating a unique talent. But how do you get them? Here’s how to write …

How Does A 529 Plan Work?

A family discussing 529 saving plans financial advice & planning
The fA 529 plan is a type of savings account that is meant to save money specifically towards college. The biggest benefit of this plan is that it offers tax breaks if the money is used for qualified expenses. But how does a 529 savings plan work? What is a 529 Plan? Every 529 plan …

Virtual Scholarship Interview Tips

Student in virtual scholarship interview scholarship search & applications
The pandemic and the need for social distancing has changed the ways scholarship interviews are being conducted. With in-person interviews being out of the question, scholarship interviews are now being conducted virtually using video technology. These interviews follow the style of traditional in-person interviews but there are a few key considerations to keep in mind. …
Subscribe!